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Embrace Change Acquisition Corp   (EMCG)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial
 
Price: $11.2200 $-0.02 -0.178%
Day's High: $11.25 Week Perf: -0.18 %
Day's Low: $ 11.22 30 Day Perf: 0.54 %
Volume (M): 2 52 Wk High: $ 12.33
Volume (M$): $ 24 52 Wk Avg: $10.90
Open: $11.25 52 Wk Low: $10.52



 Market Capitalization (Millions $) 109
 Shares Outstanding (Millions) 10
 Employees -
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Embrace Change Acquisition Corp
Embrace Change Acquisition Corp is a special purpose acquisition company (SPAC) that was formed with the purpose of merging or acquiring another company. The company is focused on investing in businesses that are primed for growth and that can benefit from strategic partnerships and additional capital. Embrace Change Acquisition Corp aims to identify and acquire companies in industries such as technology, healthcare, consumer goods, and sustainability. The goal is to support these companies in expanding their operations and maximizing their potential in the market.


   Company Address: 5186 Carroll Canyon Rd San Diego 92121 CA
   Company Phone Number: 688-4965   Stock Exchange / Ticker: NASDAQ EMCG
   


   

Stock Performances by Major Competitors

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Embrace Change Acquisition Corp

Embrace Change Acquisition Corp Defies Expectations with Strong Financial Performance in Q2 2023



Embrace Change Acquisition Corp (EMCG) has recently released its financial results for the reporting cycle spanning April to June 2023. While shareholders may not have anticipated significant changes within the business operations, the company's operating deficit of $-0.120796 million during the same period has raised concerns. Nevertheless, Embrace Change Acquisition Corp has demonstrated resilience by delivering positive net profits and promising growth over the fiscal interval closing on June 30, 2023.
Financial Performance:
During the second quarter of 2023, Embrace Change Acquisition Corp managed to turn the tide, as net profits increased from $0.000 million in the same period last year to $0.820 million. This improvement in net profits reflects the company's ability to leverage its resources effectively and generate revenue. Such progress in a relatively short period showcases the company's commitment to its shareholders and potential for future growth.

Embrace Change Acquisition Corp

Embrace Change Acquisition Corp Reports Unsettling Operating Loss in Q1 2023 Making Waves in the Blank Checks Industry!

As companies continue to report their earnings for the first quarter, the Blank Checks industry has also released its respective numbers. One such company is Embrace Change Acquisition Corp (EMCG), which has recently announced its operating loss of $-0.128263 million for the period ranging from January to March 31, 2023.
Although operating losses are never good news for any business, it is important to note the progress made by EMCG towards improving its financials. In the first quarter of 2022, the company had reported a surplus of $0.000 million, which has now increased to $0.694 million, a significant improvement.






 




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